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Please Support The Channel: https://www.buymeacoffee.com/JoeBlogs / joeblogsyt YouTube Super Thanks (click below) YouTube Membership - / @joeblogs The G7 introduced an OIL PRICE CAP of $60 per barrel of crude in December 2022. The terms of this ban place an obligation on shipping and insurance companies to ensure that Russia did not sell oil for more than this price. However Russia have been EVADING these Sanctions by using a fleet of DARK & GRAY TANKERS. Many of these tankers are Old and decrepit and there is a serious risk of an ENVIRONMENTAL DISASTER occurring. Russia's OIL & GAS Revenue is down 65% in the first 10 months of 2023 compared with the revenue Russia was earning prior to the invasion of Ukraine and the financial pressure has forced Russia to utilise this old fleet of tankers to avoid the Oil Price Cap. In this video I provide more details of the current situation and discuss the problems that both Russia and the World are now facing. For specific details please check out the CHAPTER list below. Thanks for watching and please LIKE and SUBSCRIBE. If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated. https://www.buymeacoffee.com/JoeBlogs Chapters: 0:00 Intro 3:08 RUSSIAN OIL PRICE 5:27 GLOBAL TANKER FLEET 7:53 DARK & GRAY FLEET 9:48 OWNERSHIP & REGISTRATION 12:39 DESTINATIONS 14:12 SUMMARY & CONCLUSION #UKRAINE #russia #opec #uk #pricecap #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR3